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The most severe economic crisis since World War II will lead to a fall in demand and output in Austria by 3.4 percent … stabilising effect. As a consequence, GDP in Austria will head up again in the second half of the year, though growth will remain …
Persistent link: https://www.econbiz.de/10008476170
In 2008, Austria ranked ninth in the international labour cost hierarchy. Labour was most expensive in Norway, Belgium … partners, Austria's labour productivity and international unit labour cost position improved in 2008. A decline is expected in …
Persistent link: https://www.econbiz.de/10008476171
The current crisis makes for the most difficult macro-economic environment for fiscal policy since the Second World War. The ratio of the general government deficit and of government debt to GDP each rise markedly above the "Maastricht" reference value. The structural (cyclically-adjusted)...
Persistent link: https://www.econbiz.de/10008476172
months of 2008. Austria's real GDP also shrank by a mere 0.4 percent quarter-on-quarter (after –2.7 percent in the first …
Persistent link: https://www.econbiz.de/10008476173
that production expectations have brightened further also in Austria; first signs of stabilisation have become apparent in …
Persistent link: https://www.econbiz.de/10008476174
). Simulations with the WIFO macro-economic model suggest that these measures, together with those taken by Austria's major trading …
Persistent link: https://www.econbiz.de/10008476175
emanates from government measures. Austria's economy grew by 0.4 percent in the fourth quarter, hence only little less than …
Persistent link: https://www.econbiz.de/10008478706
By international standards occupational pensions are not very common in Austria. They are implemented using several …
Persistent link: https://www.econbiz.de/10008478707
quarter. Private demand in the euro area continues to be subdued. Austria's GDP grew at a seasonally and working day adjusted …
Persistent link: https://www.econbiz.de/10008478708
vigorously since the summer. In Austria, real GDP grew at a seasonally adjusted quarter-on-quarter rate of 0.9 percent in the …
Persistent link: https://www.econbiz.de/10008478709